Shriram Pistons & Rings standalone net profit declines 2.75% in the March 2015 quarter

Sales rise 8.10% to Rs 346.52 crore

Net profit of Shriram Pistons & Rings declined 2.75% to Rs 23.67 crore in the quarter ended March 2015 as against Rs 24.34 crore during the previous quarter ended March 2014. Sales rose 8.10% to Rs 346.52 crore in the quarter ended March 2015 as against Rs 320.55 crore during the previous quarter ended March 2014.

For the full year,net profit declined 17.70% to Rs 57.32 crore in the year ended March 2015 as against Rs 69.65 crore during the previous year ended March 2014. Sales rose 6.38% to Rs 1233.77 crore in the year ended March 2015 as against Rs 1159.80 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales346.52320.55 8 1233.771159.80 6 OPM %17.3820.90 -15.4119.77 - PBDT56.2960.61 -7 175.30201.15 -13 PBT35.9134.81 3 79.26100.59 -21 NP23.6724.34 -3 57.3269.65 -18

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